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October 22, 2019
>> stephanie, there is a ton of businesses onews out there. one of them is wework. it is a privately held real estate company that offered shares work spaces but it had a huge fall from grace. japanese investment firm softbank is the biggest holder in the company and theyre ready to take over that company with a severance package of $1.7 billion. it is one of the biggest -- >> hold on. adam newman, who has been largely blamed for this massive fall from grace, his hubrus, his arrogance, and now h...
October 15, 2019
Negotiators are due back at the bargaining table this morning. a lot of progress was made over the weekend, with a few details lingering. 21 facilities across 9 states has caused layoffs across canada and mexico. lets look at cnn business this morning. markets around the world. a mixed performance. on wall street, the futures are up slightly. stocks fell monday. optimism about the tendtive agreement between the u.s. and china seemed to fade. the dow closed 29 points lower. the s&p 500 dipped s...
October 15, 2019
The first electric motorcycle, finding a problem with its charging equipment. "the wall street journal" and harley says theyre asking customers not to charge the bike at home. harley needed this bike to do well to help its struggling u.s. market. it cut itself forecast citing the trade war with china. and then, it had weak sales in the fourth quarter. and then, harley did not say when production would resume. were looking at markets around the world. a mixed performance, really. paris and fran...
October 1, 2019
Later on, prince harry joins them all. united as a family for a series of events we bring you tomorrow. >> meghan is a long way from home. you can hear the screams. max foster live for us in johannesburg. lets look at business this morning. looking at global markets. you can see a mixed performance around the world. markets in china and hong kong are actually closed for the holiday there. on wall street, the futures are leaning higher here. the stocks ended the third quarter quietly. they clos...
September 25, 2019
Politics are the story here. they took a toll on markets tuesday. the dow closed 142 points lower. the nasdaq down lower. this is the worst since august 23rd. stocks began selling off after president trumps speech at the u.n. where he reiterated views that china is gaining the system. he was tough on china which made people concerned about the trade war. then stocks were hit by the political turmoil around the impeachment inquiry. adam neumanns stepped down. last week wework announced it would...
September 25, 2019
Increasing about of scrutiny. he did announce hes formally stepping down. he came under a lot of pressure from soft bank, the japanese company having stake in wework. the ceo put a lot of pressure on him personally to step down. he has announced hes stepping down. hes remain on as a nonexecutive chairman of the we company. the biggest question is what this means for wework as a whole. the company has not made a profit. its lost $2.9 billion in the last three years. they were commanding a $20 bil...
September 23, 2019
Heres your business. a check of cnn business, have opened lower. and shanghai is down following a report that they were looking for a place to go. look at the dow futures, down, as well. investors expected a cooling. but the sudden change dampened hopes for a breakthrough in relations. wework board members want the ceo to step down. the in "new york times" says that softbank seems to be in rehaifr of replacing of him.
September 23, 2019
No comment on wework or softbank. its 1927. >> "downton abbey," the heightest closing for a feature. and the domestic box office is down 5 frbt from last year. "joker" looks creepy. it could break records when it opens in two weeks. >> gives me the chills. many fans were meh on the final season. but "game of thrones" was tops at the emmys. hbo won best drama.
February 12, 2019
National governors association. with ework with democrats -- >> you have an issue with the morality and character exhibited from the occupant of the white house? >> well, i havent ever been a supporter of the tone and some of the things the way things have been handled and are being done and some of the things that have been said, there is no question about that. >> when do you expect to make a decision governor, if you will run or not? >> i really have been focused on the state of maryland and ...
November 25, 2018
He has been absolutely outrageous in the way that he has called names, outrageous in the way that he has threatened. outrageous in the way that hes promoting himself all the time. he wants to act like a dictator. and so here we are, we find ourselves at a point in time where there are a lot of people who really believed that we could work together. now hes talking about investigating those who would in any way be involved in an investigation that is ongoing, that has been under way with a specia...